EBAY CEO John Donahoe IS IDIOT: IT IS OFFICIAL NOW. BTW… MEG WHITMAN is idiot too May 10, 2011
Posted by deminvest in ebay.Tags: idiots, John Donahoe, Meg Whitman, ripoff, skype, Skype writedon write-down
3 comments
Plain facts that anybody who is not an idiot can understand:
- Ebay bought fast growing Skype at $3.1 B bargain price.
- Skype continued to grow its user base, revenues and earning because it offers great services.
- Today Microsoft wants to buy Skype for $8.5B
- In November 2007 the idiot Meg Whitman wrote off $900M saying they had paid Skype too much. This stupid fake and idiot write-off resulted in Ebay posting its first losses ever. EBAY shares lost 17% of their values in a few days.
- Even worse, in September 2009 the super idiot John Donahoe valued Skype $2.75 billion and he sold 65% of it to various investors among which Marc Andersen.
Will Cloudonimics (Cluod Economics) be the next “big thing”? April 27, 2009
Posted by deminvest in AAPL, Apple, ebay, goog, Google, growth stock, Hewlet Pacward, HP, Intel, Internet stocks, investment, investment strategies, low cost, MSFT Microsoft stock, nasdaq, Nasdaq stock, opensource, risky investments, Single stocks, Yahoo, YHOO.add a comment
Cloud computing. One more battlegroung for Google and Microsoft
Google, Amazon, IBM and Ebay will probably have advantages in a “Cloud Economics” scenario.
Microsoft and maybe Apple could be damaged.
—-+++++++++++
Solution to “no sound problem”
Open
sudo vi /etc/modprobe.d/alsa-base
Add the following line to the end of the file
options options snd-hda-intel model=laptop enable_msi=1
My boring March investment: I loaded 80 more Ebay shares for $994.4 March 30, 2009
Posted by deminvest in Defensive Stock, ebay, growth stock, low cost.Tags: Blackberry, Iphone, Paypal, skype, VOIP
1 comment so far
I wrote so much about Ebay, that I don’t have more to say. What may be interesting is today’s P/E around 8 and the fact that, from Thursday on, Skype will work on Iphones, Blackberries and Android.
Paypal and Skype are reinforcing their leadership in the fields of online payments and VOIP.
That why today I spent $994.4 to buy 80 more Ebay shares at a price of $ 12.43 each
I can’t wait to see people using their Iphones to hookup on a wifi network and fool those mobile phone companies to call for free on skype!
I may even want to buy an Iphone to call for free on skype and, after each call, use the money I save to drink a good beer paid by hated Telcoms!
I was right! Skype’s writedown by EBay was fake… We should start a class action! April 2, 2008
Posted by deminvest in ebay, goog, Google, growth stock, Internet stocks, investment, low cost, nasdaq, Nasdaq stock, Single stocks, stock I own, stocks.Tags: Skype writedon write-down
3 comments
Horrible things happen all the time to us small investors. This one makes me totally angry, because I have seen it come:
- On October 17 2007 Ebay posts a loss of $936 million for the third quarter loss because of Skype’s $1.39 billion write-down: someone at EBay said that $4.1 Billion paid for Skype was too much.
- My EBay shares tumbled 17% in a month because of that write-down
- On November 16, 2007 I posted on this Blog: “EBay, you don’t fool me! Everybody is selling because EBay posted losses for the first time since 1999… There is just a little detail: those losses don’t exist! Those losses were written by someone on some piece of paper to fool someone else.”
- In March 2008 Ebay reached -33%, losing a third of their value since October
- Today we read that Google wants to buy Skype at a price between $5 Billion and $6 Billion. Much more than the $4.1 initially paid by Ebay for Skype. I was right! The write-down was totally fake. Skype had increased its value as I demonstrated in November. The fake write-down cost Ebay shareholders billions of dollars. It was fake. I wrote it. Whoever is responsible for the idiot writedown should pay.
Google’s answer to Bill Gates: BUY EBAY! February 8, 2008
Posted by deminvest in ebay, goog, Google, growth stock, Internet stocks, investment, MSFT Microsoft stock, nasdaq, Nasdaq stock, risky investments, stock I own, stocks, Yahoo, YHOO.10 comments
Google could fire back to Microsoft: EBay is there: a cash generating machine, with its belly full of sitting dollars, without a CEO (Meg is going to step down) and unable to pursue the easiest strategy of a market leader on three key markets:
1) Auctions
2) Online payments
3) Online telephony
Let’s start with numbers:
Ebay’s market Cap is only $37.67B. If Google had to pay a 50% premium on that it would cost $45 B to swallow it.
Ebay has $5B cash that Google would seize. Google has $14 B cash. (more…)
Kevin about Bidz.com (BIDZ). Is it a bargain? December 7, 2007
Posted by deminvest in BIDZ, ebay, growth stock, Internet stocks, investment, nasdaq, Nasdaq stock, stocks.27 comments
Kevin’s comment about Online Jewelry Auctions BIDZ.com, on a previous Ebay post , is so interesting that it deserves the attention of main page:
“Have you seen what has happened to BIDZ in the last week? It was at a high of $22.50 and plunged after a report came out (from someone shorting the stock) about how bad the business was. It is now at $10.19. When I first looked at the price I thought it was steep and then did some research on the company. I bought a few items. No diamond ring from them. They could do some work getting better quality diamonds. I did buy some earrings and a bracelet for a relative for Christmas and was impressed with the quality.
I think this is a good buy price. I would expect a rise after they post their 4th quarter income statements. They have already been posting sales records this shopping season and I don’t see any reason why it would stop.”
Ebay is a great stock, trading at bargain price. Even in the unlikely event of an economy harsh landing, EBAY could be a safe haven November 16, 2007
Posted by deminvest in Defensive Stock, ebay, growth stock, Internet stocks, investment, low cost, risky investments, Single stocks, stock I own.16 comments
EBay, you don’t fool me!
You can fool big finance gurus, you can fool the two newly made billionaires Zennstrom and Friis who sold Skype to you, but not me, because I am a simpleton and I do think simple.
EBay shares are in free-fall: -17% in a month. Everybody is selling because EBay posted losses for the first time since 1999… Tere is just a little detail: those losses don’t exist! Those losses were written by someone on some piece of paper to fool someone else. Reality is that Ebay (more…)
Yahoo is a fake target: Microsoft wants Ebay! May 5, 2007
Posted by deminvest in ebay, goog, Google, Internet stocks, investment, MSFT Microsoft stock, nasdaq, Nasdaq stock, Single stocks, stock I own, stocks, Yahoo, YHOO.11 comments
I 100% agree with John Gruber of Daring Fireball when he says:
“Personally, a merger between the two just seems like a disaster”
Microsoft and Yahoo have the same problem: they are loosing the Internet battleground to Google!
They can’t merger because their businesses overlap:
1) both are leaders for Internet Portal visits. Unfortunately neither has Google’s ability to convert those visits into lucrative searches.
2) both are leaders in messaging systems users
3) both are still leaders in webmail usage, but Gmail is catching up
4) Yahoo’s profits are shrinking. Microsoft’s Internet activity only post losses.
5) both are threatened by Google, but neither has any clue about how to fight back
Two companies with large overlapping businesses merge to reduce workforce, cut expenses and raise profits. They don’t merge to boost growth. Actually it would be a suicide to fire talents that Google would be more than happy to attract.
Actually Pete Cashmore says that talks between Microsoft and Yahoo are not happening.
So why those talks about a Microsoft – Yahoo merger?
I think it is a test for the real thing.
Microsoft wants hints about what may happen if they announce their public offer on Ebay.
Why should Microsoft aim at such an expensive ($42B) incompatible looser, when they can bet Ebay, a total winner at about the same price (46B) ?
Ebay is a great Internet Company. Market leader on: (more…)
Good news: Google and Ebay make tons of money. Bad news: they throw it away! April 20, 2007
Posted by deminvest in ebay, goog, growth stock, Internet stocks, investment, nasdaq, Nasdaq stock, Single stocks, stock I own, stocks.1 comment so far
Good news: Google and Ebay making tons of money. Bad news: they don’t know how to spend, so they throw it away on junk buys!
Yes fellow proletarian investors, Google and Ebay, the smartest of the geniuses, are making the same mistakes that you and I would make if we found the way to win the lottery every week or if we had a moneymaking magic box.
What would we do if we had a huge flow of dollars? I mean ten times more than we can use, so much that we could buy everything we always wanted, we could help everybody we know, we could donate to every charity we know and we would still have too much to spend!
We would definitely buy a lot of expensive useless stuff. Stuff extremely expensive of very little use for us, several Ferraris, several houses in cool places, private jet, yachts…
This is the problem with Google and Ebay. They beated again analysts expectations, they made so much money, that they started wasting it. (more…)
Directly from EBAY staff-member to Deminvest: another good reason for owning EBAY: Enthusiasm of young smart people who work there April 18, 2007
Posted by deminvest in ebay, growth stock, Internet stocks, investment, nasdaq, Nasdaq stock, Single stocks, stock I own, stocks.7 comments
Last week I wrote a post about EBay stock that was too focused on money and numbers. Dennis with his comment made clear that there is something as important as numbers driving EBAY’s growth: Enthusiasm.
The best I can do is… quote – answer -thank :
On April 17, 2007 Dennis, International Marketing Manager at eBay.com:
Dennis quotes Deminvest post about EBAY, Google and Microsoft: “Then why do people at Google and EBay show up in the morning? Simple! To make even more money! To make the software better, to attract new people willing to throw money at their magic boxes.”
Dennis Comments: ” I’m showing up at work, not only for the reasons stated above here. It’s because eBay is really changing peoples lives. Can you imagine that 1.5 million people worldwide are living from what they buy and sell on eBay!
Being part of such a big social impact is an incredible feeling.
And besides that, eBay gives me the opportunity to grow.”
Deminvest answers: “Dennis, I am sorry. I did not mean to underestimate your enthusiasm for being at EBay. (more…)
Democratic Investments by the people for the people 